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21 July 2020 | Retail

Premier store in Bolton sold to first-time buyer through Christie & Co

Specialist business property adviser, Christie & Co, is delighted to announce the sale of a Premier branded convenience store on Chorley Old Road in Bolton, Greater Manchester.

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This Premier convenience store occupies a prominent position along Chorley Old Road, an extremely busy and densely populated main road running through Bolton, boasting a high footfall and passing traffic. The store is well fitted to a good standard, and produces an impressively high turnover, currently trading at over £30,000 in weekly sales.

The business has been sold as the seller wanted to pursue work in a different sector.
 
The store has been purchased by Mr Randeep Singh. This is his first convenience store and he is very keen to hit the ground running and improve the store’s offering. Commenting on his new acquisition, Mr Singh said, “We are delighted to take over the store and are excited to increase new lines and products to the site including hot food. Special thanks to James from Christie & Co for agreeing the deal and tirelessly getting it to completion.”

James Moore-Martin, Director of Retail at Christie & Co, who handled the sale, comments, “This high turnover convenience store achieves weekly sales of over £30,000 excluding services and garnered a strong amount of interest. Despite the Covid-19 pandemic, we have had a multitude of transactions complete at both ends of the market.”

Premier Chorley Old Road was sold off an asking price of £300,000.
 

For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com

Contact the agent:
James Moore-Martin, Director – Retail (North)
P: 07764 241 288 or E: james.moore-martin@christie.com

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